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In this note we study the distortions in an endogenous growth model developed by Grimaud and Tournemaine (2007), where new pieces of knowledge are produced in a R&D sector and used to reduce pollution emissions. Using this model along with a realistic calibration, we conclude that the economy...
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This paper analyzes the drivers of carbon taxes acceptability with survey data and semi-experimental techniques. Based … individuals' perceptions of carbon taxes advantages and disadvantages. We find that the lack of perception of primary and … ancillary benefits is one of the main barriers to the acceptability of carbon taxes. In addition, policy design matters for …
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households are worse off. If the revenue is recycled via lower income taxes, there is more efficiency at the expense of more … inequality, and about half of households benefit. With a recycling mix of lump-sum transfers and lower income taxes, popular …
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